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Oil States International: 3Q Earnings Snapshot

HOUSTON (AP) _ Oil States International Inc. (OIS) on Monday reported a loss of $4 million in its third quarter.

The Houston-based company said it had a loss of 7 cents per share. Earnings, adjusted for non-recurring costs, came to 1 cent per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.

The energy services company posted revenue of $274.6 million in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $274.7 million.

Oil States International shares have fallen 19 percent since the beginning of the year. The stock has climbed nearly 7 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OIS at https://www.zacks.com/ap/OIS